Pepsi Pops On Q1 Beat
April 17, 2014 at 12:49 PM EDT
Shares of PepsiCo (PEP) were in the black Thursday, as the beverage giant logged higher-than-anticipated first-quarter profit and sales. Pepsi said it earned $1.22 billion, or 79 cents a share, one dime higher than the year-ago period. Adjusted earnings were 83 cents a share, ahead of the 75 cents the Street was expecting. Revenue edged [...]